Search: agency banking
RBA Glossary definition for agency banking
agency banking – Since 1 July 1999 all Australian Government departments and agencies have been responsible for their own individual banking arrangements. Under devolved banking arrangements, agencies are required to test the services previously provided by the Reserve Bank of Australia (RBA) against what is available from other financial institutions. However, the Australian Government's core account, the Official Public Account, remained with the RBA. A system sweeps balances of Australian Government departments and agencies from their transactional banker to the Official Public Account at the RBA each night.
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Introduction
31 Dec 2004
RDP
2004-02
Accord is likely to give agencies a role in determining banks' regulatory capital. ... The formal evidence on rating agency performance is mixed. At one level, agencies' ratings appear on average to be accurate measures of relative default risk: for
https://www.rba.gov.au/publications/rdp/2004/2004-02/introduction.html
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The Determinants of Corporate Leverage: A Panel Data Analysis
30 Nov 2009
RDP
PDF
104KB
7Alternatively, agency costs may arise between managers and equity holders ifprojects are financed using debt. ... While the agency cost literature is replete with theoretical models, testableimplications are scarce.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9313.pdf
An Increase in Holdings of Liquid Assets
27 Oct 2008
RDP
2008-06
Over recent decades, the Australian banking system's holdings of ‘liquid’ assets have fallen significantly as a share of their aggregate balance sheet. ... This is in comparison to the total liquid assets of the banking system of around $350 billion.
https://www.rba.gov.au/publications/rdp/2008/2008-06/inc-holdings.html
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Towards an Understanding of Australia’s Co-movement with Foreign Business Cycles
1 Dec 2009
RDP
PDF
148KB
TOWARDS AN UNDERSTANDING OF AUSTRALIA’SCO-MOVEMENT WITH FOREIGN BUSINESS CYCLES. Nicolas de Roos and Bill Russell. Research Discussion Paper. 9607. November 1996. Economic Research Department. Reserve Bank of Australia. We would like to especially
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9607.pdf
Current Account Deficits: The Australian Debate
12 Mar 2007
RDP
PDF
289KB
On the financial side, the banking sector underwent further deregulation, a process which had started in the late 1970s. ... This gained further credibility when the credit rating agencies downgraded Australian Commonwealth debt (Gruen and Stevens 2000).
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-02.pdf
Funding Behaviour
31 Dec 2013
RDP
2013-15
Changes in the composition of funding will alter the nature of liquidity risk in the banking sector. ... Changes in the banking sector's asset allocation can also affect total deposits in the economy.
https://www.rba.gov.au/publications/rdp/2013/2013-15/funding-behaviour.html
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The Impact of Financial Intermediaries on Resource Allocation and Economic Growth
1 Feb 2006
RDP
PDF
699KB
In particular, the adoption of a universal, as opposed to an arms-length, banking system is likely to reduce the costs associated with screening problems. ... However, DeLong (1991) argues that prior to World War I the US banking system was more like the
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9213.pdf
The Australian Experience
1 Dec 1992
RDP
9213
These papers highlight the fact that the controls on the banking sector led to the establishment of non-bank financial institutions. ... that governments should exercise control over the banking system as part of their responsibility to manage the
https://www.rba.gov.au/publications/rdp/1992/9213/australian-experience.html
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Sources of Variation in Banking Risk and Performance
31 Dec 2001
RDP
2001-06
Supply-side developments also influence banks' riskiness and performance. Chief among these factors are agency costs, the regulatory environment, the competitiveness of the banking market and incentives for herding behaviour amongst ... During the 1990s,
https://www.rba.gov.au/publications/rdp/2001/2001-06/sources-of-variation-in-banking-risk-and-performance.html
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The Supervisory Treatment of Banks’ Market Risk
30 Nov 2009
RDP
PDF
76KB
The. 1 Basle Committee on Banking Supervision (1993),The Supervisory Treatment of Market Risk,. ... 3. A desire to achieve greater consistency in supervisory treatment betweeninternational banking and securities regulators.
https://www.rba.gov.au/publications/rdp/1994/pdf/rdp9408.pdf